In 2018 Russia-Algeria trade turnover increased by 18% and amounted to more than $4 bn.
Russia’s export to Algeria exceeded its import from this country. For the first nine months of 2018 Russia exported to Algeria goods for the total amount of $2.3 bn, while its import from this African republic stood at $8.2 mln.
Among the major goods exported by Russia to Algeria there were vehicles and transport equipment (36% of all export supplies), metallurgical production (10%), agricultural products (6.2%) and minerals (5%).Algeria exported to Russia mainly agricultural products (90%).
The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade.
Trade turnover between Russia and Germany increased 8.4% and reached nearly ˆ62 billion ($70 billion) in 2018 compared to previous year.
In 2018 Russia’s meat export amounted to 288.5 thous. t, it is a 21% increase compared to 2017.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya